The document summarizes budgeted and actual sales volumes and market shares for Products A, B, and C. It calculates variances due to changes in market share and industry volume. The total variance due to market share is $0, while the variance due to industry volume is -$38,020. The budget projected a net profit of $210,000 but the actual result was a net loss of $70,000, creating a variance of -$280,000.
The document summarizes budgeted and actual sales volumes and market shares for Products A, B, and C. It calculates variances due to changes in market share and industry volume. The total variance due to market share is $0, while the variance due to industry volume is -$38,020. The budget projected a net profit of $210,000 but the actual result was a net loss of $70,000, creating a variance of -$280,000.
The document summarizes budgeted and actual sales volumes and market shares for Products A, B, and C. It calculates variances due to changes in market share and industry volume. The total variance due to market share is $0, while the variance due to industry volume is -$38,020. The budget projected a net profit of $210,000 but the actual result was a net loss of $70,000, creating a variance of -$280,000.
Produk A B C Total Estimated industry volume (units) 833 500 1667 3000 Budget Market Share 12% 20% 6% 10% Budget Volume (units) 100 100 100 300 B. Actual market shares Produk A B C Total Actual industry volume (units) 500 600 1000 2100 Actual Shares (units) 90 70 80 240 Actual' Market Share 18% 12% 8% 11% C. Varian due to market share Produk A B C Total Actual Sales 90 130 150 370 Budgeted shares at actual industry volume 60 120 60 240 difference 30 10 90 0 budgeted unit contribution 0.2 0.90 1.2 2.3 variance due to market share 6 9 108 0 D. Variance due to industry volume Produk A B C Total Actual industry volume (units) 500 600 1000 2100 Budgeted industry volume 833 500 1667 3000 difference -333 100 -667 -900 Budgeted market share 12% 20% 6% difference*budget market share -40 20 -40 unit contribution (budget) 0.2 0.9 1.2 Total -7.99 18 -48.02 -38.02 ($000) Budgeted Actual Variance Sales 2500 2160 -340 Cost of Sales 1620 1580 40 Gross Profit 880 580 -300 Selling Expense 250 290 -40 R&D Expense 300 250 50 Administrative expense 120 110 10 Total Expense 670 650 20 Net Profit before tax 210 -70 -280